News & Events

SEP 2022 NEWS Aluko & Oyebode
Aluko & Oyebode advises Dot on its Acquisition of a Majority Stake in Royal Exchange Healthcare Limited

Aluko & Oyebode is delighted to have advised Lily Hospitals Limited (Lily), a leading hospital group in the Midwest and Southern region of Nigeria in relation to the acquisition of the majority shares of an exiting strategic investor (a global healthcare fund) by another global healthcare operator with investments across Africa.

The transaction allows Lily to extend its existing services across the southern region of Nigeria and to expand into Lagos, Nigeria’s biggest medical services market.

The transaction team was led by Business Advisory Partner, Oghogho Makinde, and she was supported by Senior Associate, Olagoke Kuye and Associates Oghenetega Abu and Afam Ikeakanam.